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CBS
Jun 17, 2013 12:00pm PDT
the buying spree. >>> meanwhile, across the pond they are talking the global economy. the g8 summit is under way in northern ireland, but it's not all about monetary policy. cbs reporter tara mergener on the discussions expected on u.s. wiretapping and syria. >> hello, everybody. >> reporter: president obama and british prime minister david cameron visited a northern ireland school where students are learning about the g8 summit. >> i think i just went outside the lines. >> reporter: but soon, the president and his counterparts turned their attention to the global economy. >> i'm pleased to join these leaders to announce the launch of negotiations on a new trade agreement. >> reporter: the economy is not the only topic at the g8. the civil war in syria is expected to dominate talks including president obama's meeting with russian president vladimir putin. russia supports bashar al-assad and sells him weapons. putin opposes president obama's plan to give military assistance to rebel forces trying to overthrow the government calling the fighters barbarians. >> are these the people you want to
CBS
Jun 21, 2013 12:00pm PDT
or not the economy will be strong enough for that to happen and the st. louis fed president james bullard who dissented against talking about signalling a bond tapering said that it may have been premature to talk about that when the fed in the process was trimming back its own economic forecast for 2013. but the market has stabilized a bit today but certainly if we're going to see volatility continue for some time until the fed does say exactly when it will make that bond move. let's take a quick look at the market right now. the dow is up by 64 points. it's been back and forward today. nasdaq is still down by 10 on pressure from oracle's weaker- than-expected earnings. the s&p up by 6 points right now. michelle, we'll take that right now. >> yeah, we will. kcbs radio's financial reporter jason brooks, thank you. >>> in other economic news california's latest employment numbers show more people are heading to work every day. the state's unemployment rate fell to 8.6% last month. that's the first time in nearly five years the jobless rate has dipped below 9%. california's jobless rate is sti
Search Results 0 to 1 of about 2